In Wednesday’s trade setup, the market showed a straightforward upward movement, clearly signalling that the ongoing India-Pakistan conflict is not having much of an impact. After the opening, the market experienced sharp selling, but it found support at the 1-hour moving average. From there, it rebounded, recovered all its losses, and closed near a positive … Read more
The market is showing vulnerable movements due to rising tensions between India and Pakistan over the Pahalagam attack. Yesterday, on Friday trade setup, the market fell nearly 200 points, closing near 24,039.35. It made a low of around 23,845, effectively retesting one of the most important levels, which has now become a support at 23,869. … Read more
Wednesday’s trade setup exhibited a choppy movement throughout the day. This followed the Doji candle formation that we analyzed in the previous blog, which appeared on the daily timeframe. As we discussed, a breakout on either side of the Doji—upward or downward—can signal a trend-following or trend-reversing move. However, despite the choppy price action for … Read more
The reciprocal tariff escalation from the trade war, along with ongoing negotiations for a deal with the US, has created a mixed situation in the market. The market has become uncertain for both bullish and bearish traders. Today, the market opened with a gap of nearly 200 points, but it failed to sustain that movement … Read more